Segment Reporting - Summary of Total Assets by Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Total assets	$ 405,378	$ 344,904
Multifamily
Segment Reporting Information [Line Items]
Total assets	176,842	178,001
Industrial
Segment Reporting Information [Line Items]
Total assets	95,209	96,066
Single-family rental
Segment Reporting Information [Line Items]
Total assets	39,252	13,417
Retail
Segment Reporting Information [Line Items]
Total assets	50,764
Investments in real estate debt, real estate-related and other securities
Segment Reporting Information [Line Items]
Total assets	17,712	17,563
Other (corporate)
Segment Reporting Information [Line Items]
Total assets	$ 25,599	$ 39,857